Thursday, October 08, 2015

Swelling College Endowments Draw Scrutiny on Capitol Hill - The Chronicle of Philanthropy

Swelling College Endowments Draw Scrutiny on Capitol Hill - The Chronicle of Philanthropy: "Swelling College Endowments Draw Scrutiny on Capitol Hill
A New York congressman is drafting legislation that would require institutions of higher learning to steer a portion of their investment earnings into tuition relief as a condition of maintaining their endowments' tax-free status, Bloomberg Business reports."



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